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FII GGCR11 acquires VBI Log Seropédica for R$ 67.9 million

  • The asset was acquired through the purchase of 100% of the shares of the company R032 Seropédica.

Pedro van den Berg, CEO of Zagros
Pedro van den Berg, CEO of Zagros
By: SiiLA News
10/28/2025

Last Friday (24th), the GGCR11 REIT, managed by Zagros, acquired 100% of the shares of R032 Seropédica — a special purpose company that owns the logistics warehouse VBI Log Seropédica — for R$ 67.9 million, making the fund the owner of the asset.

Payment will be made through credit compensation between the fund and the sellers, related to GGCR11’s 10th issuance of shares. The monthly rent of the property, currently leased to Granado, EPL, and Embelleze, is approximately R$ 520,000 per month, and will be fully received by the fund from the date of the announcement onward.

The estimated cap rate for the transaction is 9.39%.

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